El Salvador may soon open a Bitcoin Embassy in Texas. This embassy would serve as a hub for all potential crypto-related initiatives that might be put into testing. The idea was recently discussed dur...
Category: Bitcoin
Live Bitcoin News Updates.
BTC faces rejection at $22,342 as selling pressure intensifies – Cryptopolitan
Bitcoin price analysis indicates a major decline in price today, with the digital asset rejecting to break through the $22,342 level. The bears have been continually winning over the price charts, as ...
Why Senegal rejects the CFA and is warming to Bitcoin: video
Cointelegraph goes to Senegal, West Africa. The medium-sized African nation recently hosted a Bitcoin conference (BTC) and more and more merchants and customers are joining the Lightning Network. Arm...
The Fed Is About To Crash Bitcoin and Crypto Markets, Says Analyst Nicholas Merten – Here’s Why
A widely followed crypto analyst says that the actions of the U.S. Federal Reserve will crash Bitcoin (BTC) and the crypto markets in general. In a new video update, Nicholas Merten, the host of DataD...
Bitcoin Falls as Hot Job Numbers Fuel Hawkish Fed Policy
The U.S. ADP Nonfarm Employment Change for February beat expectations, coming in higher than the 200,000 estimates at 242,000, indicating that wage growth will likely contribute to continued aggressiv...
Bitcoin [BTC] FUD takes centre stage as Uncle Sam makes a move
U.S. government-seized Bitcoin holdings started to move, causing FUD Short-term holders declined while long-term holders stayed put Over the last few years, the U.S. government has accumulated massiv...
Fed signals a sharp rate hike in March due to inflation — Here’s how Bitcoin traders can prepare
Like it or not, for crypto investors, the U.S. Federal Reserve policy on interest rate hikes and high inflation is the single most relevant measure for gauging demand for risk assets. By increasing th...
$1 Billion Worth of Bitcoin Moved from US Law Enforcement Seized Wallets
In March 2023, over 50,000 Bitcoin (BTC) worth $1 billion were moved from multiple wallets connected to US law enforcement seizures. The transfers included three transactions, with the majority being ...
India-Russia Oil Deals Chip Away at Dollar Dominance in International Trade – Economics Bitcoin News
On Wednesday, Reuters reported that Western sanctions on Russia and oil trading between Moscow and India have started to erode the dollar’s decades-old dominance of international oil trade. The oil de...
Bitcoin Ordinals: Controversial but Here to Stay
Among the cryptocurrency community, Bitcoin Ordinals, which provide users with the option to permanently store data on the Bitcoin blockchain, have become a contentious issue of discussion. The archit...
DoJ moves Silk Road bitcoin to new wallets and exchanges
Blockchain data shows that bitcoin related to the Silk Road seizure are moving, and some may have been sent to Coinbase. Bitcoin stored in a US Department of Justice wallet that were seized from darkn...
European Asset Manager Believes Bitcoin is Not Doomed Despite Industry Collapse
Despite the recent collapse of the cryptocurrency industry, one major European asset manager, Amundi, believes that digital assets like Bitcoin still have potential. In a recent thematic paper analyzi...
Bitcoin price could tank soon warn traders
Bitcoin (BTC) has been experiencing a bumpy ride lately. As of March 8, BTC was trading at $21,989, marking a drop of roughly 12% from its 90-day high of $25,134. BTC monthly price chart | Source: Coi...
U.S. Government Moves $1B of Seized Silk Road BTC, Prompting Liquidation Fears
Key Takeaways A wallet associated with seized Silk Road funds moved $1.08 billion in BTC. The address moved 39,174 BTC to two new wallets, and 9,825 BTC to a wallet reportedly belonging to Coinbase. T...
Bitcoin exchange deposits decline, mimicking 2019’s bearish trend
Definition This chart presents the relative dominance of exchange-related deposits and withdrawals with respect to all confirmed transactions. This chart presents the following traces: Total Transact...
Bitcoin Could See More Price Decline As Silk Road BTC Moves To Coinbase
Bitcoin once again slid below the $22,000 price level following a particularly slow start to the week. This falls in line with the previously bearish trend that was triggered after the digital asset w...
XRP Hits 2-Week High, SHIB Marginally Higher – Market Updates Bitcoin News
Xrp rose higher for a third straight session on Wednesday, as prices moved to a two-week high. The rise comes despite market sentiment remaining largely bearish, with the global market cap trading 1.2...
Bitcoin Withdrawals Are Above Deposits Since FTX Crash
On-chain data shows that Bitcoin transactions going out of exchanges have been greater than the number of them going in since the FTX collapse. Bitcoin Exchange Withdrawals Have Been Above Deposits Re...
Bitcoin holds firm on strong economic data, while Powell testifies to House discussing CBDC
Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly ...
GBTC discount narrows, bitcoin trades above $22,000 as Silvergate leads drop in stocks
Markets • March 8, 2023, 11:04AM EST Grayscale’s premier fund traded higher as its discount narrowed following what some perceived as a successful day in court. Crypto prices slipped across the ...
Bitcoin Price Analysis: Weaker to 21851
BTC/USD Weakens to 21851: Sally Ho’s Technical Analysis – 9 March 2023 Bitcoin (BTC/USD) continued to suffer from bearish momentum early in the Asian session as the pair depreciated to the 21851.77 l...
Investors adopt risk-off approach as Bitcoin futures OI plummets to YTD low
Definition The total amount of funds (USD Value) allocated in open futures contracts. While crypto backed-margin is the percentage of futures contracts’ open interest that is margined in the nat...
Bitcoin Volatility Picks Up as Powell Reiterates Inflationary Pressure Higher Expected
The Bitcoin price has picked up some steam throughout the past few minutes, and the primary reason for this seems to be the fact that Jerome Powell is testifying before Congress. The Chairman of the ...
Bitcoin clings to $22K as US dollar strength rises to December levels — What’s next?
Bitcoin (BTC) fell to three-week lows on March 8 as stronger-than-expected employment data from the United States dampened risk assets. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Emplo...
US Government Abruptly Transfers $217,000,000 in Bitcoin to Coinbase: PeckShield
A crypto analytics firm says the US government is suddenly transferring massive amounts of Bitcoin that it seized from the defunct, nefarious marketplace Silk Road. According to PeckShield, the US jus...
Bitcoin Mining Becomes More Accessible with DIY Kit
Bitcoin mining has become increasingly expensive and inaccessible for many people who are interested in getting started. So, Jack Dorsey, CEO of Block, Inc., has come up with an innovative solution. H...
Is Bitcoin Headed to $21K or Will the Bulls Bounce Back? (BTC Price Analysis)
After forming a bearish three-drives reversal pattern, the price has recently dropped below the neckline, delivering a significantly bearish signal for the short-term outlook. As of now, BTC faces an ...
Is Biden Using an Obama-Era Program to Ban BTC?
Biden and his nation-hating associates have been accused of secretly trying to ban crypto through an Obama-era initiative known as Operation Choke Point 2.0. The plan was designed to cut off any “unde...
BTC hovers around $22k, US Silk Road BTC address awakens
As of March 8, the price of bitcoin (BTC) is trading around $22,000, with a trading volume of $30.34 billion over the past 24 hours. BTC has experienced a decline of 1.41% in the last 24 hours and 4.5...
Huge Move Incoming For Bitcoin? 10K BTC Seized by the US Govt Sent to Coinbase
Glassnode has detected the movement of approximately 40,000 Bitcoins tied from wallets tied to seizures conducted by US law enforcement. The transfers have sparked concerns about a sell-off primarily ...
Trader Who Nailed Bitcoin and Crypto Turnaround Says He’s Accumulating An Additional Altcoin As Markets Retrace
A trader and analyst who began accumulating Bitcoin at its absolute bottom late last year says he’s now accumulating an additional altcoin. As BTC and the greater crypto markets pull back, the pseudon...
Environmental Impact of Bitcoin Mining ‘Deserves the Spotlight’: US Senator Markey
U.S. Senators are again taking a closer look at Bitcoin mining. Senator Ed Markey (D-Massachusetts) chaired a session of the Committee on Environment and Public Works yesterday, focusing on the energy...